REINER DAVID B 4
4 · OCWEN FINANCIAL CORP · Filed May 16, 2011
Insider Transaction Report
Form 4
REINER DAVID B
Director
Transactions
- Award
Restricted Stock Units
2011-05-12+3,788→ 3,788 totalExercise: $0.00→ Common Stock (3,788 underlying)
Footnotes (3)
- [F1]Deferred until the 6-month anniversary of the date he ceases to be a director of the Company.
- [F2]Unclaimed amounts shall be forfeited two (2) years after the date upon which the payment of any benefits becomes due.
- [F3]Directors Restricted Stock Award ? Deferred ? Independent Directors receive restricted stock as a portion of their annual fee which is payable in cash or common stock on the six-month anniversary of the Director?s termination date.